Forensic Analysis · Technology / Software · as of Jun 28, 2026
Bumble Inc. (BMBL)
A forensic read on Bumble Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Distress
Financial health
-5.4
Altman Z-score
Clean
Earnings quality
2
Forensic signals
-108.4%
ROE
$397M
Market cap
Bumble Inc. earns a C (Mixed — selective) forensic quality grade, and its Altman Z-score is -5.4, placing it in the Distress zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-57%Return on invested capital.Return on invested capital is -57% and slipping from -3% — well below its ~10% cost of capital, so reinvested dollars may be destroying value, not building it.
$1.2BGoodwill impairments.Took $1.2B of goodwill writedowns across 5 year(s) (FY2023 ($167M), FY2024 ($197M), FY2025 ($656M)). Writedowns mean past acquisitions underperformed what was paid for them — worth weighing on capital-allocation skill.
Key fundamentals
Net Margin-71.8%
Debt / Equity1.03x
Latest Revenue$965.7M
Return on Equity-121.6%
Revenue Growth YoY-9.9%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Bumble Inc.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about BMBL's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown